EDF’s Board of Directors issues a positive reasoned opinion on the draft simplified public tender offer filed by the French State

The Board of Directors of EDF S.A. (“EDF” or the “Company”) held a meeting on 27 October 2022 to issue, in accordance with applicable regulations, its reasoned opinion on the draft simplified public tender offer (the “Offer”) initiated by the French State for the shares of the Company and the bonds convertible into new shares and/or …

Southern Company Cuts Its Cost Forecast for Vogtle Expansion, Provides Update on Project

In its third quarter 2022 earnings call presentation, Southern Company reduced its “Total project capital cost forecast” for Vogtle Units 3 and 4 to $10.383 billion from $10.453 billion, which is what it had reported in the company’s second quarter 2022 earnings call presentation. The company’s cost estimate reduction doesn’t mean that total project costs …

T.DML Announces Significant Regulatory Milestone for Wheeler River with Submission of Environmental Impact Statement

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce a significant regulatory milestone for the Company’s 95% owned Wheeler River project (“Wheeler River”) with the submission of the draft Environmental Impact Statement (“EIS”) to the Saskatchewan Ministry of Environment (“MOE”) and the Canadian Nuclear Safety Commission (“CNSC”). The EIS submission outlines the Company’s assessment of the potential effects, including applicable …

U.S. developing domestic uranium strategy -energy secretary

The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce dependency on Russia for the fuel, Jennifer Granholm, the U.S. energy secretary told reporters on Wednesday. The United States relies on Russia and its allies Kazakhstan and Uzbekistan for roughly …

V.PTU Announces Intention to Extend Warrant Term

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) announces that the Company intends to apply to the TSX Venture Exchange (the “Exchange”) to extend the expiry date of a total of 35,838,000 outstanding common share purchase warrants (“Warrants”) issued by the Company in connection with a private placement of flow-through units and common …

Nuclear an “Investible ESG Asset” According to Center for ESG and Sustainability

In the last six months, many governments have proclaimed support for nuclear energy and industrial companies have announced partnerships with nuclear developers to meet their decarbonization commitments—but the most exciting evolution, arguably, involves nuclear’s relationship with three letters: E-S-G. Environmental, Social, and Governance (ESG) refers to the increasingly relevant non-financial criteria used by financiers when screening …

V.GXU Closes $10 Million Bought Deal Financing

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (the “Company” or “GoviEx“), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Sprott Capital Partners (“Sprott“), of 46,213,000 units (“Units“), which includes a partial exercise of the over-allotment option, at a price of C$0.22 per Unit for aggregate …

Small modular reactor advocates see opportunity in former US coal towns

Swapping coal-fired generating stations with nuclear power plants could be a win-win for utilities and coal towns, minimizing costs and creating jobs, according to industry experts. The opportunity to bring new energy investment to coal communities arose Oct. 24 at two nuclear energy events hosted by the American Nuclear Society and the Atlantic Council. That …

Federal loan provides certainty for Canadian SMR build

The existing Darlington plant provided a backdrop for the announcement (Image: OPG) The Canada Infrastructure Bank (CIB) has announced a commitment of CAD970 million (USD713 million) towards Ontario Power Generation (OPG’s) Darlington New Nuclear Project, in the bank’s largest investment in clean power to date. The Darlington New Nuclear Project will be a 300 MWe …

IAEA International Ministerial Conference on Nuclear Power to Start in Washington

The IAEA International Ministerial Conference on Nuclear Power in the 21st Century opens this week in Washington DC, providing a global forum for ministers, policy makers and experts to discuss the contribution of nuclear power to climate change mitigation, energy security and sustainable development. IAEA Director General Rafael Mariano Grossi and US Secretary of Energy Jennifer Granholm …